In the past two sessions, bitcoin price declined below the USD 8,200 support area. BTC/USD tested the USD 8,000 support and it is currently (08:00 UTC) consolidating losses. It seems like the price is struggling to recover and it is facing many hurdles near USD 8,300, USD 8,400 and USD 8,500. Similarly, there were bearish moves in most major altcoins, including ethereum, ripple, EOS, bitcoin cash,